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UFS team makes it to top four in CFA University Research Challenge

18 November 2020 | Story Dr Nitha Ramnath | Photo Supplied

CFA CHALLENGE_web read more — The UFS team, from the left: Monique Harcourt, Dawid Potgieter, Atalanta Watson, and Zoe Travers.

One of two teams from the University of the Free State (UFS) performed exceptionally well and made it to the top four in the extremely competitive local Chartered Financial Analyst (CFA) University Challenge.

The CFA Society South Africa recently hosted the 12th annual local edition of the CFA Institute University Research Challenge. The research challenge is an annual global competition in equity research hosted by the CFA Institute, a global representative body for chartered financial analyst (CFA) charter holders. During the research challenge, teams from different universities locally and internationally compete on three levels – more than 1 000 universities compete annually.

"Taking part in the CFA challenge was a wonderful opportunity where we learnt new skills and gained industry-specific experience, which will be invaluable to us as we graduate and embark on our journey as professionals. We are proud to have represented Kovsies in the finals and this proved to us, once again, that hard work pays off, " said the UFS team.

Two teams of four were selected to represent the UFS during the 2020 challenge. Team selection was based on students’ performance during the first semester of their BCom Honours (specialisation in Financial Economics and Investment Management) in the Department of Economics and Finance. During the challenge, students assumed the role of a (sell-side) research analyst and had to write a concise report that covered various aspects related to the company’s business activities, structure, governance, finances, etc., which was presented via Zoom to a panel of judges from the CFA Society South Africa.

Dr Ivan van der Merwe, the team’s adviser from the Department of Economics and Finance, commented: “It was a pleasure to work with a team that showed so much dedication and was willing to go the extra mile. The experience they gained during this challenge will stand them in good stead and it was a real confidence builder for them to successfully complete a very stressful live presentation and subsequent question session. They made us proud and set the standard for aspiring Finance students at Kovsies.”

News Archive

UFS Debate Society prepares for three major tournaments

2012-11-20

Preparing for the Berlin Championships are, from the left: Richard Chemaly, Zola Valashiya, Ros Limbo and Nkosi Mangali.
Photo: Linda Fekisi
20 November 2012

The UFS Debate Society will be taking on three major projects during the holidays. The month of December will be filled with activities for the team, with members taking trips to Grahamstown, Pretoria and Berlin, Germany to showcase their debating skills.

Their first project is a coaching session in collaboration with the Free State Schools Debating Board. The team will be coaching the provincial school teams and accompanying them to Grahamstown where they will compete in the National Schools Debating Championships in early December.

At around the same time, members will also attend the Pan African Universities Debating Championships that will be held in Pretoria. The PAN African Championship, which the team won in 2009, has expanded over the years and now also includes participants from Australia and the United States of America.
Towards the end of December, four members of the team will be heading to Berlin, Germany to compete in the World Universities Debating Championships. Ros Limbo, Nkosi Mangali, Richard Chemaly and Zola Valashiya will represent the university.

Zola, who is currently the chairperson of the debating society, has been part of the team since 2008. He describes being part of the teams as, “a growing experience. I have learnt a lot, especially how to be a critical thinker”. He was ranked among the top ten speakers in the English First Language division during the Kgorong 2012 National Universities Debating Championships earlier this year. Zola says the team’s goal is to gain as much experience as possible in order to offer training. They are looking at forming strong relations with various other debate societies across the country.

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